Zcash (ZEC) jump for risk-on, dey target $420 as Myriad turn bullish

Zcash (ZEC) don dey extend gains after e strong weekly surge, e dey trade around $379.9 and don rise about 15% for 24 hours. Traders dey point to one bullish shift for Myriad prediction market (wey Dastan dey run), where odds say ZEC go hit $420 for April don climb to 60% from about 20% bearish sentiment the day before. That one mean another ~10% upside from current levels, wey fit support possible continuation of the trend. No clear specific catalyst for Zcash dey identified, but the article tie the move to broader crypto strength. Risk sentiment improve after conditional US–Iran ceasefire arrangement reduce escalation risk, lift major assets and allow "risk-on" rotation. Zcash still benefit from wider privacy-coin bounce, although the category's weekly performance dey mainly driven by ZEC (with DASH too). The news also revisit Zcash security point: vulnerability for zcashd nodes linked to deprecated Sprout shielded pool was disclosed and patched after late March, wey reduce "derisking" concerns for millions of dollars in ZEC. For traders, the setup na momentum-led and tied to market-wide flows. Earlier tape dynamics show rising activity in derivatives and short liquidations, traders dey watch key resistance near $330 and extension scenarios toward $400 zone if ZEC breaks higher. But if the rally na mainly squeeze-driven and macro risk-on fade, ZEC fit retrace back toward the low-$200s.